Pulte Group's most recent trend suggests a bullish bias. One trading opportunity on Pulte Group is a Bull Put Spread using a strike $38.50 short put and a strike $33.50 long put offers a potential 6.61% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.50 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock dropped below the $33.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Pulte Group is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Pulte Group is bullish.
The RSI indicator is at 39.06 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pulte Group
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How the nation's 3rd-largest homebuilder is hammering out a better place to live for Central Floridians
Wed, 01 Jan 2020 15:37:00 +0000
PulteGroup Inc. puts a lot of stock in its company culture and a big part of that in Central Florida includes being able to impact its neighbors — people in the communities where it builds. The Atlanta-based homebuilder (NYSE: PHM), which has its North Florida corporate office in Orlando, offers volunteer hours to employees and sponsors team-building volunteer and philanthropic events to encourage volunteering. Last year, PulteGroup’s local office built and donated a new, mortgage-free, fully furnished home in St. Cloud to Army veteran Andrew Inman — who suffered from post-traumatic stress disorder (PTSD) after five years of service in the U.S. Marine Corps — as well as his wife, Erin, and their two young daughters.
Winter Park developer buys 500 acres in 'blooming' C. Fla. area
Tue, 31 Dec 2019 12:06:00 +0000
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